JSE holds ground ahead of key US jobs report
Initial concerns over Meta and Microsoft’s poor results were alleviated by Amazon’s strong cloud and advertising figures
01 November 2024 - 11:40
The JSE was firmer on Friday morning, with global markets mixed as investors assessed tech earnings and awaited key US jobs data.
Initial concerns over Meta and Microsoft’s disappointing reports — with Meta’s user growth falling short of expectations and Microsoft’s revenue guidance leaving investors underwhelmed — were alleviated by Amazon’s strong cloud and advertising results, which helped lift sentiment overnight...
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